RUM Group: Still Early In AI Cloud Shift

RUM Group, Inc. has pivoted from video streaming to AI cloud services, securing a transformative $13.7 billion GPU services contract. The six-year deal projects to $2.3 billion in annual revenue and validates RUM's purchase of Northern Data, with $3+ billion ARR potential by 2027. The company targets ~$3.5 billion in 2028 revenue from 250 MW of new data center capacity plus an existing business with Q3 '26 revenue guidance of $87–93 million. The stock trades at a discount to neocloud peers, with a market cap of $5.2 billion and a forward revenue multiple near 1.5x, signaling deep value. RUM Group, Inc. ( RUM ) entered the AI cloud race in a big way this week. The former Rumble focused on video streaming and competing against the likes of YouTube has made a full shift.